The Bank of Canada reduced its benchmark rate by 50bps

And that is good news for the staffing market...

When we started the interest rate reduction cycle a couple of months ago, it was not yet clear if the (incredibly) resilient inflation was yet under control. After all, we still have collective bargaining exercises taking place for the unionized labour force (which represents about 30% of the Canadians), along with the newcomers that are fueling the lab…